The Federal Deposit Insurance Corp. last week dealt a blow that may jar Congress into settling the last outstanding issue of the thrift crisis - paying for pesky long-term bonds used to bail out the industry in the late 1980s.

Repeatedly this year, lawmakers have refused to enact plans to shore up the Savings Association Insurance Fund and make banks assume most of the payments on the Financing Corp. bonds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.